Crystal Palace are set to hold talks with Chris Coleman this week about the possibility of him becoming their new manager.

Palace made their first approach to the Wales boss last night, hours after Standard Sport revealed he was interested in succeeding Ian Holloway.

The timing of Palace’s move is key as Coleman is considering an offer of a new contract from the Football Association of Wales.

Although Coleman is proud to lead his national team, he wants to return to the Premier League and the chance to do that with Palace, who he played for between 1991-95, appeals to him.

Tony Pulis and Martin O’Neill have also been contacted about the job but Coleman would appear to be in pole position.

Coleman would be the cheapest of the options and former Stoke boss Pulis and ex-Sunderland manager O’Neill are both thought to have reservations given Palace’s plight.

Ian Holloway quit last week following a 4-1 home defeat to Fulham and then admitted he had lost the spirit of the squad, who are at the foot of the Premier League after winning just one of their nine top-flight games.

Were Coleman to be appointed then the former Fulham manager is expected to ask that Kit Symons, his No2 with Wales and another ex-Palace player, follow him to Selhurst Park.

While Coleman has not spoken publicly on the vacancy, Alex McLeish has come out to say he is interested.

McLeish guided Birmingham into the top flight in 2009 but they were relegated back to the Championship just three months after winning the 2011 League Cup.

He then narrowly avoided relegation with Aston Villa the following season but was sacked and has been out of work since a two-month spell with Nottingham Forest ended in February.